East News

Pennsylvania Trench Collapse Kills 1, Injures Another

Authorities say a trench collapse in eastern Pennsylvania has killed one construction worker and injured another. Allentown fire officials say the workers were on a bridge when the trench in which they were working collapsed, hitting them with gravel and …

Maine Licenses Two New Insurers

Maine has licensed two new workers’ comp insurers, one of them a new company that will begin writing this month, the state insurance department said. The first, Great Falls, which will begin offering policies this month, will be headquartered in …

Study Says No-Fault Fraud A Major Problem in New York City

Nearly one out of every five no-fault auto insurance claims closed in the New York City area in 2010 appears to have elements of fraud, according to a new study from the Insurance Research Council (IRC). And as many as …

New York Plans to Merge Banking, Insurance Regulators

New York Governor Andrew Cuomo plans to improve regulation of Wall Street with a smaller state government that would merge the Banking and Insurance departments, Cuomo told a radio station yesterday. Cuomo, a Democrat who took office on Saturday, is …

McKnight Named Underwriting Vice President at Merchants

New York-based Merchants Insurance Group has named Shad McKnight as vice president of underwriting and product development. McKnight has served as vice president of product management, associate vice president of underwriting and product management, program and communications director and business …

Delaware Bans Hand-Held Cell Phone Use While Driving

A ban on hand-held cell phone use while driving is taking effect in Delaware. Beginning Sunday, drivers will have to carry on their cell phone conversations using hands-free devices. The law also bans texting while driving, and drivers cannot use …

Insurers To Pay New York $120M for Premium Overcharges

New York officials say four insurance groups have agreed to pay a total of about $120 million in excess workers’ compensation surcharges to the state. The attorney general’s office says the companies collected too much in surcharges on premiums from …

Alliant Acquires T&H Group

Specialty insurance brokers Alliant Insurance Services has acquired New York city-based T&H Group for an undisclosed sum. T&H Group, which operated as Tanenbaum-Harber Co. until changing its name last year, was established in 1860 and primarily targets upper middle market …

O’Brien Named Head of Inland Marine Underwriters Association

Kevin O’Brien has been named president and chief executive officer of the Inland Marine Underwriters Association (IMUA). O’Brien joins the IMUA from Maran Corporate Risk Associates Inc., of Southampton, N.Y., where he served as sales manager. He has also held …

Maine Governor Seeks Disaster Assessment from Storm

Maine Gov. John Baldacci is requesting a damage assessment for the torrential rainstorm that deluged eastern Maine earlier this month. The Dec. 12 storm dropped 6 to 8 inches of rain in places, washing out local roads, flooding basements and …

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